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November 22, 2024
PI Global Investments
Private Equity

NFL allows private equity firms to invest in teams


The owners of the National Football League have decided to allow some private equity firms to buy up to a 10% stake in a team, the NFL said on Tuesday.

Firms initially approved by the NFL include Ares Management, Arctos Partners and Sixth Street in addition to a consortium comprising Blackstone, Carlyle, CVC, Dynasty Equity and Ludis.

The private equity firms plan to invest a total of $12 billion and can invest in up to six NFL teams each, a source familiar with the matter said.



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